May 2, 2014 3:00pm EDT
can debate whether it costs jobs or not. i remember when we raised the minimum wage under bill clinton we had the best following years of job creation we've had in the last 60 years. you can't debate the fact that when you raise the minimum wage it has the effect of raising other salaries up and up as well so i think there's a lot of stuff in the democratic arsenal and particularly the point larry makes is a good one what. do the republicans have to say about the economy? cutting taxes and lowering regulation? we tried that in the bush years, and it was a total failure. >> no, no. hang on a second. front page of the "new york times." bill clinton in his second term or actually after he got shell lacked in '94, and he's proud of this, and i'm going to back clint on on this. he was a great economic president. you know why? he was a supply-sider in his second term. he lowered the capital gains tax and participated in a deal with gingrich on welfare reform, on free trade. he did all the right things. those guys cut spending. that's the kind of agenda we need right now. here's one for you.
Apr 29, 2014 3:00pm EDT
, may have been the difference in the obama campaign meeting hillary clinton. >> i think when she met barack obama and met him because she didn't d an interview with barack obama, she walked out of that interview saying wow, so when he announced that he was going to run for president of the united states, she wanted to do anything she could to help him. she had never done that with anybody before. i think that that made a difference. but i also think barack obama inspired things in people that people hadn't seen in years. >> >> reporter: with the tv show coming to an end and "o" magazine going strong, winfrey set off on a new challenge, creating own, the oprah winfrey network. it got off to a rocky start. >> went through a period thinking, boy, i was number one for 25 years, and now that doesn't matter. there was all of this, you know, we call them haters who were almost celebrating that it was so difficult for her. that was jarring, but that didn't deter it. it just made her think i've got to work harder and she went in and took a close look at well, this doesn't work. she has a frie
Apr 28, 2014 3:00pm EDT
president clinton. he also represented the late marge schott when baseball forced her out as the owner of the cincinnati reds years ago after she was accused of racism. it will be very interesting to hear how mr. bennett feels this will all come to an end a little bit later. >> that's right. >> let's show you the markets, shall we. >> as we mentioned, the dow is up, bill, 23 points. this is index that still hasn't reclined its high, december 31st the end of last year is when he had the close high. had an intraday high. >> like a team that can't hold the lead. up 100 points on the open, and we see where it is right now. nasdaq, that's the big loser today. momentum stocks to blame. >> once again, the story there hasn't changed, it seems, in the last couple of weeks and the s&p 500 index, off two points to 1861, and we're looking at a more defensive tone to this market as we enter the final hour. >> a lot to talk about with our closing bell exchange. peter, give us some of the hits, runs and the errors here today. >> yes. >> once again the dow is higher on the open and then it fades into